Friday, July 28, 2017

HFF closes sale of 5-building Class A industrial project in Houston, TX

Bammel Business Park, Northwest Houston, TX

Rusty Tamlyn
HOUSTON, TX –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Bammel Business Park, a five-building, Class A industrial project totaling 246,450 square feet in in northwest Houston, Texas.

HFF represented the seller, FR/Cal Bammel.  Exeter Property Group purchased the property for an undisclosed price. 

Bammel Business Park is situated on 14.1 acres at 4710-4822 North Sam Houston Parkway West (Beltway 8) in the Northwest Industrial submarket, Houston’s premier industrial submarket.

  The property has immediate access from Beltway 8 in addition to visibility from more than 150,000 vehicles per day and proximity to Bush Intercontinental Airport. 

Completed in 2008, Bammel Business Park features 24-foot clear heights, dock-high loading doors, 200-foot shared truck court depths and 12.6 percent office finish.  The one-story buildings are leased to a diverse tenant mix, including Gruma Corporation, Stylenquaza and Motion Industries.

HFF’s investment sales team was led by senior managing director Rusty Tamlyn and senior director Trent Agnew.

“This offering generated substantial interest due to the value-add nature, deal size, newer product in northwest Houston and very little product on the market for sale,” Tamlyn said.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Director, Public Relations
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

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